Forex Brokers in Japan

Richard Montana | November 23, 2022

Currency trading is very popular among the Japanese forex traders. Japan is the very first financial market to open during a trading day and is considered to be a significant contributor to the Asian trading session. As a trader in Japan, you have a wide range of international and domestic forex brokers to choose from. Forex brokers in Japan are regulated by the Financial Services Agency (JFSA), which is a Government controlled authority that regulates and supervises all types of financial firms operating in the Japanese financial markets. Whilst trading with a JFSA regulated broker has some benefits, it is not a necessity as there are many forex brokers regulated in other jurisdictions that can accept Japanese traders.

Best forex brokers Japan

To find the best forex brokers in Japan, we created a list of all the regulated brokers that accept residents of Japan, then ranked them according to our overall rating. Below you can see our list of the top forex brokers for Japan.

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.

ADGM FRSA, ASIC, BVIFSC, CBI, FFAJ, FSCA, IIROC, JFSA

$100

2006

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2.

ASIC, BaFin, CFTC, DFSA, FCA, FINMA, FMA, FSA, FSCA, JFSA, MAFF, MAS, METI, NFA

$250

1974

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
3.

ASIC, CIMA, CFTC, FCA, FSA, IIROC, JFSA, NFA, SFC

$100

2001

1:50

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
4.

ASIC, FCA, FINMA, JFSA, MAS, SFC

$500

1992

1:66

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
5.

ASIC, CySEC, FCA, FSA, FSCA, JFSA

$0

2010

Up to 500:1

Between 71.89% of retail investor accounts lose money when trading CFDs with this provider.

JFSA forex brokers in Japan

When it comes to forex trading, choosing a suitable broker is the major task and selecting a regulated forex broker from the hundreds of brokers out there is one of the most important decision that you will make.

It is always better to trade with a regulated broker as it is the best way to protect yourself as well as your investment. In case you reside in Japan and want to start trading from there then the you might want to look for a broker who is regulated with the Japan Financial Services Agency.

The Forex sector is well-regulated in Japan and falls under the oversight of the Japanese Financial Services Agency (JFSA). Japanese-licensed brokerages are considered some of the safest to trade with due to the strict regulatory regime in the country.

The FSA of Japan is responsible for maintaining the integrity of the Japanese economy by actively monitoring the day to day performance of financial companies from the banking, insurance, securities, and investments sectors. The FSA was formed in early 2000 with its headquarters in Tokyo and is run by Ministry of Finance that reports directly to the Japanese Government.

FSA Forex brokers offer several levels of protection to Forex traders from Japan, and all traders are protected against broker insolvency and other broker issues through the Japanese Investor Protection Fund. The JIPF was instrumental in compensating investors in different financial sectors and is considered as one of the most effective compensation programs offered by any country in the world.

How to verify JFSA regulated brokers in Japan

The first step if you are interested in trading forex or other financial instruments in Japan, is to find a suitable forex broker. Trading in Japan is available via various brokers that operate in the region and internationally. You have two main choices here. You can either open an account with a broker based in Japan or open an account with an international broker that gives clients access to the Japanese stock exchanges.

To identify if a forex broker is authorised to operate in Japan, you can get the brokers regulation number from the disclosure text which you should be able to find at the bottom of the brokers homepage. Following on from that, you can look up the brokers regulation with the JFSA register to confirm if the broker is licensed in Japan.

About the Author

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Richard Montana
Richard has many years of experience in broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.


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